Tesla aims to slash cobalt use in EV batteries

Tesla is cutting its reliance on cobalt in its electric vehicle (EV) batteries while raising nickel content in order to increase the energy density of the units.

“We think we can get the cobalt to almost nothing,” Tesla chairman and chief executive officer Elon Musk said during a company earnings call on Wednesday May 2. Reducing cobalt usage “has been something we’ve been working on for literally several years now, and this has been extremely helpful in the overall cost per kilowatt hour, especially with recent commodity price movements,” Tesla chief technical officer Jeffrey...

Published

Millicent Dent

May 03, 2018

21:35 GMT

New York